The main argument of this article is that the concept of truth is as much internally linked to the concept of knowledge as to the concept of reality. As a consequence it is affirmed that all attempts to explain its structure which are either exclusively biased in an epistemic point of view or in a purely realist metaphysics are bound to fail. Instead this article proposes the adoption of a pragmatic standpoint which would permit to reconstruct the fallibilistic role displayed by the concept of truth in the epistemic practices of belief-revision, which must in turn be reconstructed precisely taking in account the connection of truth and reality. In that way both intuitions as to the concept of truth, the epistemic and the realist one, can be reconciled. Moreover this strategy provides as such, if correct, a strong argument in favor of an essential function of the concept of truth against contemporary deflationist tendencies